Karelian Diamond Resources is a prominent brand in the diamond industry, specializing in diamond exploration and mining. Based in Dublin, Ireland, the company has acquired the Lahtojoki diamond deposit in the Kuopio-Kaavi region of Finland. With the completion of a Preliminary Economic Assessment (PEA) and the ongoing processing of a mining permit, Karelian is poised to develop the first diamond mine in Europe outside of Russia.

What sets Karelian apart is the high percentage of pink and colored stones found in the Lahtojoki diamond deposit. This unique characteristic adds tremendous financial appeal to the project. Moreover, the company has an active diamond exploration program not only in the vicinity of the Lahtojoki deposit but also in the Kuhmo region of Eastern Finland, near the Russian border.

The Finnish sector of the Baltic Shield shares similar geology with the Russian sector, where two world-class diamond deposits have been discovered. Karelian Diamond Resources is committed to unlocking the full potential of these exceptional natural resources and making a mark in the global diamond market